3D Systems acquired Kumovis GmbH for $37.9 million (plus ~$1.6M RNCI fair value; $3.6M deferred), a transaction completed in April 2022, structured as Equity purchase (93.75%; put/call for remaining 6.25%), all cash with deferred payment.
Kumovis GmbH operates in Healthcare Solutions, is based in Germany (Munich). Company utilizing PEEK (polyether ether ketone) materials with properties suited to many medical applications, including implant applications.
Strengthen personalized healthcare solutions with PEEK implant capabilities.
Part of the Healthcare Solutions segment and reporting unit.
Advisory firms were not disclosed for this transaction.